Cryptocurrencies are transitioning from speculative investments to functional currencies that can be used for everyday transactions. Live on Crypto is a platform that offers gift cards for popular retailers, such as prepaid Visa and Mastercard, which connects digital currencies with everyday shopping. This shift from speculative investments to practical use in daily activities is crucial for digital currencies to gain widespread acceptance, especially in consumer shopping.
More and more businesses are accepting digital currencies as a valid payment option. According to a recent survey by Binance, over a third of respondents reported using crypto for purchases on a weekly basis, with more than half of these transactions occurring online. Online transactions provide a seamless way to incorporate digital currencies into daily routines, bridging the gap between the digital and physical worlds and making cryptocurrencies more accessible and practical for everyday use.
Crypto gift cards offer a unique solution by allowing users to convert their crypto assets directly into gift cards, eliminating the need for traditional cash-outs or wallet withdrawals. Live on Crypto is a prominent example of this evolution, as it enables users to purchase gift cards from leading providers like Amazon, Airbnb, Prepaid Visa, and Steam, making it easier for digital currency holders to engage in mainstream commerce.
Live on Crypto allows users to convert Bitcoin (BTC) and Ether (ETH) into gift cards. This platform enables consumers to transact seamlessly with major retailers and service providers without the hassle of currency exchange, expanding the utility and adoption of cryptocurrencies.
FoodChain Global, the blockchain organization behind Live on Crypto, aims to fight against poverty and create an ecosystem dedicated to alleviating global hunger. The platform operates on the Polygon network and uses the FOOD token as its primary currency. The FOOD token offers global accessibility, allowing users worldwide to participate in the fight against hunger through everyday transactions.
To purchase a gift card from Live on Crypto, users simply select the desired product, add it to their cart, and review their selection on the order summary screen. Users need to have enough FOOD tokens to complete the purchase, which can be obtained using crypto or credit cards. Cointelegraph readers can enjoy an exclusive 20% discount on gift card purchases by using the promo code “CT20OFF”. Once the transaction is completed, the gift card is delivered instantly, allowing the user to redeem it on the respective platform.
Gift cards provide access to new shopping experiences and services, expanding consumer reach into previously untapped markets. By bridging the gap between crypto users and mainstream shopping, crypto gift cards have the potential to drive crypto adoption among a wider audience.
For more information about Live on Crypto, please visit their website. Please note that Cointelegraph does not endorse any content or product on this page, and readers should conduct their own research before making any decisions related to the company.